Tag Archives: australian dollar

Iron Ore is falling, falling hard, and according to Macrobusiness “FMG and RIO both continue to hold up better than they should, down 2.2% to $4.44 and 1% to $59.48 respectively, but both are still above the lows of the … Continue reading →

Selling Australia.
The AUD has seen a remarkable slide in the past week. And it has befuddled many.

Australia is the only developed nation not to have experienced a recession or serious downturn during the GFC. Interest rates are rising and production is strong where, overseas, interest rates are falling or stagnant and the only thing rising unemployment and debt.
So who’s selling and why?
Robert Gottliebsen, for Business Spectator, has said….. Continue reading →